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Kontrolmatik Teknoloji Enerji Ve Muhendislik (IST:KONTR) Financial Strength : 3 (As of Dec. 2023)


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What is Kontrolmatik Teknoloji Enerji Ve Muhendislik Financial Strength?

Kontrolmatik Teknoloji Enerji Ve Muhendislik has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Kontrolmatik Teknoloji Enerji Ve Muhendislik displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Kontrolmatik Teknoloji Enerji Ve Muhendislik's Interest Coverage for the quarter that ended in Dec. 2023 was 0.05. Kontrolmatik Teknoloji Enerji Ve Muhendislik's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.41. As of today, Kontrolmatik Teknoloji Enerji Ve Muhendislik's Altman Z-Score is 4.35.


Competitive Comparison of Kontrolmatik Teknoloji Enerji Ve Muhendislik's Financial Strength

For the Conglomerates subindustry, Kontrolmatik Teknoloji Enerji Ve Muhendislik's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kontrolmatik Teknoloji Enerji Ve Muhendislik's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kontrolmatik Teknoloji Enerji Ve Muhendislik's Financial Strength distribution charts can be found below:

* The bar in red indicates where Kontrolmatik Teknoloji Enerji Ve Muhendislik's Financial Strength falls into.



Kontrolmatik Teknoloji Enerji Ve Muhendislik Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Kontrolmatik Teknoloji Enerji Ve Muhendislik's Interest Expense for the months ended in Dec. 2023 was ₺-332 Mil. Its Operating Income for the months ended in Dec. 2023 was ₺18 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,550 Mil.

Kontrolmatik Teknoloji Enerji Ve Muhendislik's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*17.679/-332.272
=0.05

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Kontrolmatik Teknoloji Enerji Ve Muhendislik's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2034.942 + 1550.271) / 8656.04
=0.41

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Kontrolmatik Teknoloji Enerji Ve Muhendislik has a Z-score of 4.35, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.35 is strong.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Kontrolmatik Teknoloji Enerji Ve Muhendislik  (IST:KONTR) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Kontrolmatik Teknoloji Enerji Ve Muhendislik has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Kontrolmatik Teknoloji Enerji Ve Muhendislik Financial Strength Related Terms

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Kontrolmatik Teknoloji Enerji Ve Muhendislik (IST:KONTR) Business Description

Traded in Other Exchanges
N/A
Address
A Blok Kat: 15 No: 58, Tekstilkent Koza Plaza, Istanbul, TUR
Kontrolmatik Teknoloji Enerji Ve Muhendislik is engaged in the business of providing operational technology solutions for infrastructure projects in Power Plants, Electricity Transmission and Distribution Facilities, Oil and Gas industries, Cement industries, and Transportation sector. The company provides electrification services, EPCM solutions, Automation, Balance of plant, Cybersecurity solutions, Instrumentation Control, and Test and commissioning services.

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